DDR Corp 6.25% Class K, Cumulative, Redeemable Preferred Stock

By: ,

 

S&P Rating   B   Moodys Rating   Ba1

Security Ticker Symbol   DDR-K

Market Traded ON   NYSE

Dividend Payment Paid on the 15th of January, April, July and October beginning on 07/15/2013

Quarterly Dividend   .3906  Annual Dividend   1.563

Securities may be redeemed, at the issuers option, as early as 04/09/2018  the call price is $25 plus accrued dividends

Dividend Payment will NOT  be Qualified Distributions

Distributions on preferred stocks of Real Estate Investment Trusts are NOT qualified distribution since the REIT is tax exempt (removing one level of taxation) the distribution receiver is taxed at ordinary income tax rates.

Maturity Date   None

 

Company Investor Relations Page for DDR Corp

Below you can find the offering Prospectus and Final Pricing Document

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